Referral terms

In short

• Share your link. When your friend makes a first deposit of 50 EUR or more and one card transaction, you both get 10 USDC.
• Extra bonuses at 5, 25 and 100 successful referrals.
• Before launch, referrals move you up the waitlist.
• No self-referrals, no spam, no paid ads on Fundly brand terms.
• We can change or end the programme, and we can withhold rewards for abuse.

Draft for legal review. Not yet in force.

1. The programme

1.1 The Fundly referral programme (the "Programme") is run by [LEGAL ENTITY NAME] ("Fundly", "we", "us"). These terms apply to everyone who shares a referral link (a "Referrer") and everyone who signs up through one (a "Referred User"). They sit alongside the Fundly Terms of Service.

1.2 By sharing or using a referral link you accept these terms.

2. Eligibility

2.1 To be a Referrer you must have a Fundly account in good standing, or a confirmed place on the waitlist during the pre-launch period.

2.2 To be a Referred User you must:

• be a new customer with no previous Fundly account or waitlist entry;
• sign up using the Referrer's link or code before creating an account;
• live in a supported country and pass our eligibility checks;
• not be a member of the Referrer's household, unless the law in your country allows household referrals and we have enabled them.

2.3 Fundly staff and contractors may share links but cannot receive rewards.

3. How it works after launch

3.1 Each account has a unique referral link and code, found in the Referral section of the platform.

3.2 A referral is "successful" when the Referred User has, within 60 days of sign-up:

• completed sign-up and any verification required for their tier;
• made a first crypto deposit of 50 EUR or more (equivalent at the rate applied when credited); and
• made at least one card transaction that is not refunded or reversed.

3.3 When a referral is successful, both the Referrer and the Referred User receive 10 USDC, credited to their Fundly balance in the account currency at the rate applied at the time of crediting, or in USDC where we support holding it.

3.4 Rewards are credited within 7 days of the referral becoming successful. Rewards for card transactions that are later refunded, disputed or reversed may be clawed back.

4. Tiered bonuses

4.1 In addition to the per-referral reward, Referrers receive a one-off bonus when they reach:

• 5 successful referrals: [TIER BONUS];
• 25 successful referrals: [TIER BONUS];
• 100 successful referrals: [TIER BONUS].

4.2 Each tier bonus is paid once. Referrals that are later reversed do not count towards a tier, and we may reclaim a tier bonus if the number of valid referrals falls below the threshold because of reversals or abuse.

5. Waitlist referrals before launch

5.1 During the pre-launch period, each person who joins the waitlist through your link moves you up the queue. Your position is shown on your waitlist page.

5.2 Waitlist referrals do not earn USDC. They convert into normal referrals under section 3 if the Referred User creates an account after launch using the same email address.

5.3 The first [WAITLIST PHYSICAL CARD COUNT] people on the waitlist at launch receive a free physical card once verified. The exact number and cut-off are shown on /join.

6. Prohibited conduct

6.1 You must not:

• refer yourself, or create accounts for other people;
• use fake, temporary or duplicate identities;
• send unsolicited messages (spam) by email, SMS, messaging apps or social media;
• post your link in a way that is misleading, including claiming to be Fundly or offering rewards we have not authorised;
• run paid search or social ads targeting the "Fundly" name or other brand terms;
• offer to pay Referred Users to sign up, or share rewards outside the Programme;
• use bots, scripts or incentivised traffic networks.

6.2 If we believe you have breached this section we may withhold or reverse rewards, remove you from the Programme and, for serious cases, close your Fundly account.

7. Limits

7.1 We may set a maximum number of rewards per Referrer per month or in total. The current limit is [MONTHLY REFERRAL CAP]. Referrals above the limit still count towards tiers but do not earn the per-referral reward.

8. Taxes

8.1 Rewards may be taxable in your country. You are responsible for reporting and paying any tax due. We may report rewards to tax authorities where the law requires.

9. Changes and termination

9.1 We can change the reward amounts, thresholds, conditions or any other part of the Programme at any time. Changes apply to referrals that become successful after the change is published. Referrals already successful keep the reward that applied at the time.

9.2 We can end the Programme at any time with 30 days' notice on the referral page. Rewards earned before the end date will still be paid.

9.3 Our decision on whether a referral is valid is final, subject to your right to complain under the Fundly Terms of Service.

10. Other terms

10.1 Rewards have no cash value outside your Fundly account and cannot be transferred or sold.

10.2 These terms are governed by [GOVERNING LAW]. Disputes go to the courts of [COURTS], without affecting your mandatory consumer rights.

10.3 Questions: referrals@fundly.xyz.